US 10-Year Treasury Note Hovers Around 4%

2025-10-20 14:51 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury was around 4% on Monday, closer to September 2024 lows, as traders braced for the delayed September CPI report, scheduled for Friday, the first key government data release since the government shutdown began nearly four weeks ago.

Some hope of a resolution is emerging after White House economic adviser Kevin Hassett suggested the shutdown is “likely to end sometime this week”.

Investor sentiment was also supported by signs of easing US–China trade tensions, following President Trump’s efforts to de-escalate ahead of a new round of talks in Malaysia.

A Wall Street Journal report indicated that Trump has exempted dozens of products from reciprocal tariffs.

On the monetary policy front, the odds of a 25 basis-point cut in the federal funds rate next week currently stand at around 99%.



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